Coinbase's stock price surged 44% in June, making it the best performing stock in the S&P 500

Odaily Planet Daily News: Coinbase Global's stock price has risen by about 44% in June 2025, becoming the best performing stock in the S&P 500 index this month. Since its inclusion in the index in May, index funds such as SPDR S&P 500 Trust and Vanguard S&P 500 ETF have continued to buy its stocks. The stock has risen for the third consecutive month since its low on April 8th and reached a historic high since its IPO in 2021 this week, reflecting the market's optimism about its profit growth prospects and digital asset development momentum. Even though Coinbase's stock price has surged 44% this month, Devin Ryan, head of fintech research at Citigroup, still believes that there is further room for its stock price to rise. He pointed out that the market has not fully recognized the close partnership between Coinbase and Circle Internet Group - Circle's stock price has skyrocketed by over 500% since its listing on the New York Stock Exchange on June 5th. （CNBC）